Tetraacetylethylenediamine Market to Grow with a CAGR of 3.05% through 2028
Growth use of tetraacetylethylenediamine for sterilization
of medical devices is expected to drive the Global Tetraacetylethylenediamine
Market growth in the forecast period, 2024-2028
According to TechSci Research report, “Tetraacetylethylenediamine
Market – Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, the Global Tetraacetylethylenediamine Market stood at
USD 549.38 million in 2022 and is anticipated to grow with a CAGR of 3.05% in
the forecast period, 2023-2028. The initiatives taken by government based on tetraacetylethylenediamine
has led to favorable market conditions for the Global
Tetraacetylethylenediamine Market. Several factors contribute to the growth of
various tetraacetylethylenediamine market products.
The European Union has implemented a comprehensive set
of directives and regulations aimed at promoting the use of safer and more environmentally
friendly cleaning products. One such regulation is the Detergents Regulation
(EC No 648/2004), which imposes restrictions on the use of harmful ingredients
in detergents. However, it is worth noting that TAED, which is commonly used as
a bleach activator in detergents, is not considered to be a harmful ingredient
and therefore is exempt from the restrictions imposed by the Detergents
Regulation. This exemption reflects the careful evaluation and consideration
given to the safety and environmental impact of cleaning products within the
European Union.
Browse over XX market data Figures spread
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Market”
Tetraacetylethylenediamine (TAED) is primarily
utilized as a cost-effective solution for the cold sterilization of medical
instruments. Its affordability and low toxicity make it a favorable choice in
the manufacturing of disinfectants. These advantages are expected to contribute
to the growth rate of the global TAED market. Especially during the ongoing
pandemic, there has been a significant surge in the demand for TAED for the
sterilization of medical instruments, highlighting its crucial role in ensuring
proper hygiene and safety measures are maintained.
The Global Tetraacetylethylenediamine Market is
segmented into product, application, regional distribution, and company.
Based on its application, the cleaning agents segment
held the largest share in the market. Tetraacetylethylenediamine (TAED), a
compound increasingly utilized as a versatile detergent and bleaching agent,
has found its way into countless households and industries. Its applications
span a wide range, from enhancing the performance of laundry detergents and
automatic dishwashing to effectively tackling tough stains.
Detergents containing tetraacetylethylenediamine are
specifically formulated for the purpose of washing and cleaning textiles. When
combined with sodium percarbonate, this dynamic duo becomes a powerhouse for
removing even the most stubborn and heavily bleachable stains from fabrics and
dishes. With their combined strength, they ensure a thorough and pristine clean
that leaves no trace of dirt or discoloration.
Based on region, Europe segment is expected to grow
during the forecast period.
Europe is anticipated to dominate the global market
due to its highly developed chemical and textile sectors in countries such as
Germany, Poland, Turkey, the Netherlands, and Russia. These countries have
established themselves as major players in the industry, with advanced
manufacturing capabilities and a strong focus on innovation. Furthermore, the increasing awareness among consumers
about environmental concerns and the regulatory measures implemented by
governments have led to a surge in the demand for eco-friendly bleaching
agents. This, in turn, has significantly boosted the usage of TAED
(Tetraacetylethylenediamine) in various applications across different
industries. With its exceptional bleaching properties and compatibility with a
wide range of substrates, TAED has emerged as a preferred choice for achieving
optimal cleaning and whitening results.
Major companies operating in Global
Tetraacetylethylenediamine Market are:
- Acros Organics BV
- AK Chemtech Co. Ltd
- Chemsfield Korea Co Ltd.
- Dongyang Tianyu Chemicals Co., Ltd
- Henkel AG & Co KGaA
- Shanghai Deborn Co., Ltd
- Warwick International Ltd
- Weylchem Corporation
- Zhejiang Jinke Household Chemical
Materials Co Ltd
- Shangyu Jiehua Chemical Co., Ltd.
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“Growing application of tetraacetylethylenediamine in
various end user industries are key drivers of the tetraacetylethylenediamine
market. Growth in competitive landscape and presence of well-established companies
in the market who are dedicated to enhance their productivity of tetraacetylethylenediamine
with every passing year are anticipated to register an impressive growth to Global
Tetraacetylethylenediamine Market in the forecast period.,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“Tetraacetylethylenediamine Market By Product (Chlorine
Bleach, Oxygen Bleach), By Application (Bleaching Agents, Household Detergents,
Cleaning Agents, Others), By Region, By
Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Global Tetraacetylethylenediamine Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Tetraacetylethylenediamine Market.
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